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Blue Star Ltd announced a series of capex investments totaling nearly Rs 900 crore to expand its room AC plant in Sri City, Andhra Pradesh, from 3 lakh to 18 lakh units capacity by FY27. The expansion includes Rs 350 crore for the initial plant, Rs 74 crore to double capacity to 6 lakh units by next fiscal, over Rs 350 crore to reach 12 lakh units by FY26, and Rs 100 crore to reach 18 lakh units by FY27.
“Blue Star will be investing over Rs 350 crore on Sri City factory to enhance the capacity to 12 lakh room AC units by FY26, and further expand to its full potential of 18 lakh room AC units by FY27 with another Rs 100 crore.”bizzbuzz.news
Summarized from public sources; check the original articles before acting on it.